You're hurting my feeling...go to the IV bored. They're over there crying about the sky is falling. Map and Isquarred are the only ones that know what sup.
Check out the volume on the open after 100 share trades to "scare" the chickens. Shorts are covering with help from some of their best friends. The CON IS ON.
History has a way of repeating itself. Back in 09 they dumped shares at a critical moment. Makes no cents unless they have been the short on BCRX and the con is over.
Todays sell off from the short data:
Lot of people selling stock that they don't own...but know somebody who does. Doesn't leave much room for "real" buys and sells, does it.
Now the end of July came out today...transparent market with data that is up to the minute...not:
20160715|09058V103|BCRX|5513|BIOCRYST PHARMACEUTICALS INC|2.87
20160718|09058V103|BCRX|775|BIOCRYST PHARMACEUTICALS INC|2.96
20160719|09058V103|BCRX|216|BIOCRYST PHARMACEUTICALS INC|3.02
20160720|09058V103|BCRX|291|BIOCRYST PHARMACEUTICALS INC|2.88
20160721|09058V103|BCRX|598|BIOCRYST PHARMACEUTICALS INC|2.97
20160722|09058V103|BCRX|548|BIOCRYST PHARMACEUTICALS INC|2.98
20160727|09058V103|BCRX|32678|BIOCRYST PHARMACEUTICALS INC|3.00
20160728|09058V103|BCRX|32848|BIOCRYST PHARMACEUTICALS INC|3.41
20160729|09058V103|BCRX|1132|BIOCRYST PHARMACEUTICALS INC|3.46
Wait till August comes out next MONTH...could be revealing on that 3,300,000 share trade and FTD numbers.
20160701|09058V103|BCRX|21523|BIOCRYST PHARMACEUTICALS INC|2.84
20160705|09058V103|BCRX|533|BIOCRYST PHARMACEUTICALS INC|2.94
20160706|09058V103|BCRX|17670|BIOCRYST PHARMACEUTICALS INC|2.93
20160707|09058V103|BCRX|864|BIOCRYST PHARMACEUTICALS INC|2.99
20160708|09058V103|BCRX|1607|BIOCRYST PHARMACEUTICALS INC|2.99
20160711|09058V103|BCRX|3396|BIOCRYST PHARMACEUTICALS INC|3.09
20160713|09058V103|BCRX|13978|BIOCRYST PHARMACEUTICALS INC|3.07
20160714|09058V103|BCRX|72|BIOCRYST PHARMACEUTICALS INC|2.91
total traded for 4 days was 14,175,700 shares per Yahoo
total traded shares on each monitored exchanges was 11,750,386 shares
That leaves 2,425,314 shares unknown status short/buy/sell on unmonitored trading sites.
Short shares for the period on monitored exchanges:
That comes to 4,377,403 shares shorted on monitored exchanges.
The average short for the four days was 37%.(4,377,403/11,750,386= 37%)
IF you take out the 3,300,000 share "bomb" dropped on Friday
11,750,386 - 3,300,000=
8,450,386 traded on monitored exchange with the "true " short coming
in at 52%.(8,450,386/4,377,403)...I say the 3,300,00 share bomb was
a SAVE for the MMs that have been shorting the stool out of BCRX or the risk of an entity from being caught "naked" with a resultant Fail To Deliver. But what do I know. I know there was a large amount of shorting on the exchanges prior to the 3,300,000 share trade on "the open market".
First number is short shares and the middle number is short exempt shares. The last number is the shares traded on that exchange. This data comes from the Sec. gov site : Short sale volume and transaction data. The %s are my math. I don't include short exempt numbers.
20160812|BCRX|109803|154681|Z 70% Short
20160812|BCRX|34399|57570|Y 60% Short
20160812|BCRX|262729|390291|K 67% Short
20160812|BCRX|720155|1770|4568357|Q 37% Short (minus 3,300,000 shares= 52%)
20160812|BCRX|57438|0|124485|N 46% Short
A bunch of naked MMs picked up some $5 boxer shorts to cover up those nasty little tongues.